DAYTONA BEACH, Fla. (June 25, 2005) -- The National Association for Stock Car
Auto Racing (NASCAR) today announced the details for the 2005 diversity
scholarship program. NASCAR will honor 12 students with the Wendell Scott
Scholarship Award through the United Negro College Fund (UNCF) and Hispanic
Association of Colleges and Universities (HACU). This year will mark the
fifth year that the scholarships have been awarded.

"My father was forever explaining to all of his children, and any other
youth that crossed his path, that a person needs an education, be they rich
or poor," said Wendell Scott Jr. "He'd share that his greatest
accomplishment was working hard enough to send all six of his children to
college. He believed one's best show of competitiveness was walking across
that stage to receive one's diploma. The Wendell Scott Scholarship Award is
a victory for those of us from diverse backgrounds; it's better than any
checkered flag. We, the Wendell Scott Family, salute you NASCAR for having
the courage to want to help."

Eight undergraduate and four graduate scholarships will be awarded to
students based on a number of criteria. Students must attend any of the 39
UNCF-member colleges and universities or 39 HACU-member colleges and
universities during the 2004-2005 school year. To qualify for the awards,
students must carry a minimum grade point average, provide a nominating
letter from a current faculty member of the student's university and write a
one-page statement demonstrating an interest in the motorsports industry.

"The diversity scholarship program is another great example of NASCAR's
commitment to diversity," said Earvin "Magic" Johnson, co-chairman of
NASCAR's Executive Steering Committee for Diversity. "I look forward to
continue working with NASCAR on this and the many other diversity
initiatives currently in place."

"We are extremely pleased to reward these deserving students with the
scholarships in tribute to NASCAR pioneer Wendell Scott," said Tish Sheets,
NASCAR director of diversity and special projects. "The scholarships are an
important part of our overall commitment to further diversifying the sport."

In addition to the Wendell Scott Scholarship Awards, NASCAR also awards
scholarship funds to the DeVos Sport Business Management Program at the
University of Central Florida, the Urban Youth Racing School and North
Carolina A&T University Motorsports Program.

Wendell Scott was the most prominent African-American driver to compete in
NASCAR's premier division. Scott competed in 495 events in his 13 year
career, tying him for 27th on the all-time list. He earned his only career
win at Jacksonville (Fla.) Speedway Park in 1963.